Tag: Adani Group

Daily Market Highlights JUN 15

Previous Day Market Sensex closed at 52,551.53 up by 76.77 points Nifty closed at 15,811.85 up by 12.50 points Inflation came in aggressively higher than most estimates and nearly 200 basis points higher than the April number at 6.3%. Even WPI inflation came in sharply higher at 12.94%, largely spurred by fuel and edible oils.

Daliy Market Update

  Future Retail managed to avert a default by paying the interest of $14 million or approximately Rs.100 crore on its dollar denominated debt. The 30-day grace period was getting completed on 24 August and by paying by the end of the grace period, the company managed to avoid being declared defaulter and a downgrade